"The company is trying to restructure some old tax debt and stay in business," says Midwest attorney William H. Zimmerman Jr., of Case, Moses, Zimmerman and Wilson PA.
Midwest refurbishes mobile home axles and wheels.Once a mobile home is placed on a foundation, an axle or wheel is taken off a mobile home.The equipment must be certified before resale.
Midwest serves as an umbrella for other companies, Zimmerman
says, among them Big State Tire and Axle, the identification given by the company's answering machine.
says Midwest has been working through the tax problem for "several years," and court records bear that out.
The company has retired two large tax liens: $84,154 on July 15, 2002, 11 months after it was filed; and $56,800 on Jan. 23, 2002, 10 months after it was filed.
"They're certainly working through some things, but they need time to restructure and move forward," Zimmerman
expects the reorganization to take between six months and a year, with cash available to repay some unsecured creditors.